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Dec 7, 2012
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question, should the u.s. intervene in any of these here now is mark ginsburg, former white house middle east advisor. welcome back, mark. here's the thing. we drew a red line, president obama drew a red line over these chemical weapons of mass destruction. at what point do we have to start bombing them to prevent them from moving and utilizes those weapons of mass destruction? when's that happen? >> larry, the fact of the matter is that i already know some of those weapons have been moved and put into the hands of the iranian revolutionary guards operating in syria and also i believe some of it has been sold to hezbollah. so as far as i'm concerned, there's some of that red line that's been crossed. but to answer your question, the fact remains is that if the intelligence report says, as the president and the press reports are leading us to believe, that precursors have been loaded into those shells, somehow or another we're going to have to incinerate from the air those weapons deposed quickly before assad g
question, should the u.s. intervene in any of these here now is mark ginsburg, former white house middle east advisor. welcome back, mark. here's the thing. we drew a red line, president obama drew a red line over these chemical weapons of mass destruction. at what point do we have to start bombing them to prevent them from moving and utilizes those weapons of mass destruction? when's that happen? >> larry, the fact of the matter is that i already know some of those weapons have been...
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Dec 5, 2012
12/12
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the third and the most important thing is the u.s. economy is the most vibrant, adaptable, innovative and creative economy on the planet. i think that means we're coming out and starting to see that in many sectors today. we're bullish and think you need to look at this on a positive frame. >> maria, i'm less bullish than that. that sounds very optimistic. i would love to believe that, but if you compare valuations of equities versus bonds, yes, there's a huge spread right now, but that doesn't necessarily make equities really cheap. it's just a relative trade. i think, also, yes, we're a vibrant economy. we certainly are a strong economy. i think it's really unsustainable, the level of debt that we have in this country. we have $1 trillion in debt. i heard an incredibly succinct way of describing this. rick santelli actually said it this morning about how you can't say you're cutting $800 billion when really $80 billion is really from wars that are just going away. that's not really a cut. that's taking away the addition. i think you
the third and the most important thing is the u.s. economy is the most vibrant, adaptable, innovative and creative economy on the planet. i think that means we're coming out and starting to see that in many sectors today. we're bullish and think you need to look at this on a positive frame. >> maria, i'm less bullish than that. that sounds very optimistic. i would love to believe that, but if you compare valuations of equities versus bonds, yes, there's a huge spread right now, but that...
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Dec 19, 2012
12/12
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u.s. not falling off the fiscal cliff. so if i'm right, ennis, i think those are reasons to like this stock going forward. china means they'll will shipping more. smith said on the call, by the way, fred smith said that holiday shipments expected to be up double digits. >> john, you just hit the key. china is the key to this story. i'm not a bull on china. if you are, that's the bull's case. >> pete, who made the more compelling argument in this case? >> i said beforehand i wasn't going toeith my brother. actual actually, i am. i tend to be a bull on china. i tend to be a bull on the global economy coming back in a big way. i think fedex is going to be the beneficiary. i think the icing on the cake is exactly what john put out there, which is the express. if they actually -- if that starts to come back better, i think the sky is the limit. >> we'll close the case on this one. there may be more optimism on housing, but one of the nation's most respected voices on that topic isn't ready to sound the all clear. it's robert sh
u.s. not falling off the fiscal cliff. so if i'm right, ennis, i think those are reasons to like this stock going forward. china means they'll will shipping more. smith said on the call, by the way, fred smith said that holiday shipments expected to be up double digits. >> john, you just hit the key. china is the key to this story. i'm not a bull on china. if you are, that's the bull's case. >> pete, who made the more compelling argument in this case? >> i said beforehand i...
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Dec 26, 2012
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it expects u.s. debt to rise to 105% of gdp this year and warns the country will probably fall into recession in 2013 if there's no resolution to the fiscal cliff. last year, it cut u.s. treasuries from a to a-plus with a negative outlook. >>> and the holiday shopping season is drying to a close. early numbers suggest what started out strong is ending with a whimper. mastercard spending pulse unit estimates sales rose .7% over the past two months, which would be the weakest pace since 2008 during the financial crisis. many analysts had expected sales to rise 3% to 4%. several events may have, of course, pushed consumers to spend less this season including hurricane sandy and concerns about how tax hikes from the fiscal cliff could impact their wallets. joining us for more on the numbers is michael mcnamara of mastercard advisers. great to have you with us. many analysts, retailers had high hopes for the season. i think it's looking weaker than expected. of course we had hurricane sandy and we're deal
it expects u.s. debt to rise to 105% of gdp this year and warns the country will probably fall into recession in 2013 if there's no resolution to the fiscal cliff. last year, it cut u.s. treasuries from a to a-plus with a negative outlook. >>> and the holiday shopping season is drying to a close. early numbers suggest what started out strong is ending with a whimper. mastercard spending pulse unit estimates sales rose .7% over the past two months, which would be the weakest pace since...
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Dec 12, 2012
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we need to see the u.s. as one of the great destinations of the world. >> i was recently at a competitor of yours. they had mark downs on warm weather clothes. >> cold weather clothing because of the heat, the warm weather is having issues. it is a small piece of our business. but hopefully it is going to get cold again. >> i have to tell you, i wish you the best of luck. it sounds like despite the plagues, things have been doing pretty well. this remains a very good call on if you believe the stock market is going to go higher. it's not all about the fiscal cliff. you heard it from the man. stay with saks, stay with cramer. >> coming up, are you ready to get charged up? cramer goes electric on a hyperactive lightning round. >>> it is time for the lightning round. play to this sound and then the lightning round is over. are you ready? i want to start with ed in pennsylvania. >> hello mr. cramer. booyah from pittsburgh. >> oh man, steeler nation what's up? >> my stock is cisco. >> cisco is the best house in a
we need to see the u.s. as one of the great destinations of the world. >> i was recently at a competitor of yours. they had mark downs on warm weather clothes. >> cold weather clothing because of the heat, the warm weather is having issues. it is a small piece of our business. but hopefully it is going to get cold again. >> i have to tell you, i wish you the best of luck. it sounds like despite the plagues, things have been doing pretty well. this remains a very good call on...
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Dec 13, 2012
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i think ultimately, you know, u.s. domestic equities are still a place to be, still a risk-on appetite. although, like i said, there is probably a little more appetite for risk management or hedging of the flows so we're seeing interest in a lot of different areas. hedge fund replication, long/short equity strategies. a particular fund recently launched, mrgr, the pro shares merger fund, strategies like that, alternative strategies that provide you equity upside with long short protection on the downside as well. >> we were talking earlier, another down day following a fed meeting like we got in september, with you this time they are not exactly rushing to the safe havens either, are they? >> no, no. gold is o.you're seeing all of the sectors are off, reits, health care, you name it. >> what is that saying? >> in for some volatility. the vix isn't playing along but it always doesn't. i think we ought to keep the political speakers out of the game. >> are they grandstanding? >> that's exactly right. we don't have to pay
i think ultimately, you know, u.s. domestic equities are still a place to be, still a risk-on appetite. although, like i said, there is probably a little more appetite for risk management or hedging of the flows so we're seeing interest in a lot of different areas. hedge fund replication, long/short equity strategies. a particular fund recently launched, mrgr, the pro shares merger fund, strategies like that, alternative strategies that provide you equity upside with long short protection on...
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Dec 10, 2012
12/12
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my sense is, u.s. going forward, whatever deal is made there are going to be serious cuts to serious things. though a deal -- a deal that comes out in terms of the media, it's going to be positive for the market. the aftermath, it won't be as positive. >> i would look at the foreign markets, too. that's really where the growth is right now. you look at the u.s. next year, you are looking at a fractured political system, potentially austerity, on the edge of recession. where else do you want to be? china great numbers there. maybe in europe. those are the areas that might be better to invest in than the u.s. after a deal. >> all right, let's talk stocks, if we do, in fact, get a deal on the fiscal cliff. scott nations, where would you go first? >> i would short gold because gold feasts on certainty and if we have a deal, then there's no uncertainty and some of the things coming out of gold from, say, thanksgiving is going to continue. in addition, if you are going to sell something to finance purchases,
my sense is, u.s. going forward, whatever deal is made there are going to be serious cuts to serious things. though a deal -- a deal that comes out in terms of the media, it's going to be positive for the market. the aftermath, it won't be as positive. >> i would look at the foreign markets, too. that's really where the growth is right now. you look at the u.s. next year, you are looking at a fractured political system, potentially austerity, on the edge of recession. where else do you...
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Dec 6, 2012
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u.s. airways up. southwest has been on fire recently. finally, the insurers. first down day in a long time. in the last couple weeks, generally all of them have been to the up side. this is the first down day in about two weeks. back to you. >> thank you so much, bob. >>> watch out for year end window dressing. we're not talking about the lovely holiday displays. we're talking about what some money managers do to their portfolios to drum up better returns. >>> then -- >> we relied on audited financials. not exactly brand x accounting firm. >> hewlett-packard ceo meg whitman putting d, liotte in the line of fire. the ceo will sit down with us. >>> finds out from the ceo of ppr about what he's expecting for christmas. you're watching "the closing bell" on cnbc, first in business worldwide. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's
u.s. airways up. southwest has been on fire recently. finally, the insurers. first down day in a long time. in the last couple weeks, generally all of them have been to the up side. this is the first down day in about two weeks. back to you. >> thank you so much, bob. >>> watch out for year end window dressing. we're not talking about the lovely holiday displays. we're talking about what some money managers do to their portfolios to drum up better returns. >>> then --...
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Dec 27, 2012
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u.s. hits the debt ceiling. the yen hits a two-year low against the dollar as the new japanese government battles to weaken currency. exports are rising, pushing the nikkei to its strongest gain in 20 years. .shares of toyota are heading higher after the u.s. settled a class action lawsuit. the $1 billion payment is already priced in. okay. welcome to "worldwide exchange." plenty of news to watch out of washington. all of this week, we thought it would be a quiet one. but i won't be inside the beltway if they want to get something done. the u.s. will hit the $16.4 trillion debt ceiling come monday. in a letter to congressional leaders, geithner says treasury will begin taking steps to save the government about $2 billion. geithner says it's harder to predict a time frame because the ongone fiscal cliff talks make it difficult to forecast next year's budget. among the measures treasury will take including suspending state and local government securities and investments in the federal employ
u.s. hits the debt ceiling. the yen hits a two-year low against the dollar as the new japanese government battles to weaken currency. exports are rising, pushing the nikkei to its strongest gain in 20 years. .shares of toyota are heading higher after the u.s. settled a class action lawsuit. the $1 billion payment is already priced in. okay. welcome to "worldwide exchange." plenty of news to watch out of washington. all of this week, we thought it would be a quiet one. but i won't be...
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Dec 26, 2012
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u.s. equity futures this hour, not too bad. if the cliff was -- just, you know, end of the world -- i mean, we did make it through that. i guess people are optimistic that we're all still here in the flesh. we don't know at this point whether the mayan me to you're -- the end of the world could have involved a zombie apocalypse. you wouldn't know at this point whether the first zombie was actually somewhere right now -- >> someone has to be the first zombie. >> someone has to be the first one. then it spreads slowly. and that's -- could have been like that. see, that's how i thought it would end if it ends. not with a comment. but i did have a roll of quarters in my pockets, ready to go. >> are zombies not immune to rolls of quarters? >> no, in case the guys outside the planet that runs into us -- >> it depends on what type of zombie you get. if you get the walking dead zombie, i think we could deal with. that they're quite slow. >> they're not upstairs -- >> if you get the zombies from -- from -- i'm forgetting the name of the
u.s. equity futures this hour, not too bad. if the cliff was -- just, you know, end of the world -- i mean, we did make it through that. i guess people are optimistic that we're all still here in the flesh. we don't know at this point whether the mayan me to you're -- the end of the world could have involved a zombie apocalypse. you wouldn't know at this point whether the first zombie was actually somewhere right now -- >> someone has to be the first zombie. >> someone has to be the...
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Dec 12, 2012
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reports today say the u.s. is planning to send 20 f-16 fighter jets to syria. >> is this the time to send secretary defense. >> if we are recognizing the opposition there, some reports say that it is full of al qaeda as and iraq and al kid is in syria. it is good that the at min tration is finally doing something. we have beeen sitting on their hands. >> the u.s. is sending 20 more f-16. he is at war with reformers and there are rights there. we no no idea what this consti tooth constitution. why are we doing this? >> i'm as confused. i kint of say how is that working for you? nothing to do with syria, yemen ebipt and this is a mess and so is our policy. >> you are right. but we want to be careful by not ailnating the military. >> do we know, ebipt was a secularist. now, the question here is, is it going to become a sharia. is the brotherhood going to get this power. >> that is the biggest concern. we'll see how that goes on sunday. it would be a shame if egypt was less throw. >> why don't we hold this aid back
reports today say the u.s. is planning to send 20 f-16 fighter jets to syria. >> is this the time to send secretary defense. >> if we are recognizing the opposition there, some reports say that it is full of al qaeda as and iraq and al kid is in syria. it is good that the at min tration is finally doing something. we have beeen sitting on their hands. >> the u.s. is sending 20 more f-16. he is at war with reformers and there are rights there. we no no idea what this consti...
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Dec 6, 2012
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i'm bullish for gold in non-u.s. dollar terms, in yen terms and if you own gold in yen terms over the course of the last two months you are profitable. somebody owns gold in dollar terms is down several points. gold is nothing more than another currency, crossed against other currencies and there's nothing spectacular about gold, it's just a currency. >> call it a slick slide for oil, crude falling 2% nearing its lowest level in three weeks. for more let's go to jackie deangelis, the host of "futures now." >> crude having a tough day, the question is why. look at this chart dollar strength is causing major pain for oil, our question today is there more to selling than just the dollar rally? let's start talking futures now. rich, beyond the dollar where do you see crude going? >> jackie, the headlines gasoline inventories rose 7 million barrels, that's what's driving the market here. if you took a look at the crude weekly inventories we fell 2 million, that tells us somewhat neutral but the big picture here is that fo
i'm bullish for gold in non-u.s. dollar terms, in yen terms and if you own gold in yen terms over the course of the last two months you are profitable. somebody owns gold in dollar terms is down several points. gold is nothing more than another currency, crossed against other currencies and there's nothing spectacular about gold, it's just a currency. >> call it a slick slide for oil, crude falling 2% nearing its lowest level in three weeks. for more let's go to jackie deangelis, the host...
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Dec 6, 2012
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boy, the u.s. consumer is fickle. >> we are. >> one of the ideas to continue to bring gay products by tesla. remember when someone said that? but that just shows the absurdities we've reached. what would you do next? they're not sure he want to do tvs. tried make a smaller ipad. different colors? >> if you had told me a computer program would create a device to play songs, i probably would have told you you're crazy. sometimes there are people smarter than we are. >> but there's no -- based on valuation metric, you cannot explain -- no reason why that stock should have dropped from 700 or whatever it was back to 500. based on valuation. the penetration of the iphone in the total smartphone market is still down here. no reason that should have happened except that it does happen. >> that's why i buy into santelli's take on this. he was the one saying last week that the reason you're seeing stuff like that, the best thing he can do to explain it, he thinks that it's because what you see are the big w
boy, the u.s. consumer is fickle. >> we are. >> one of the ideas to continue to bring gay products by tesla. remember when someone said that? but that just shows the absurdities we've reached. what would you do next? they're not sure he want to do tvs. tried make a smaller ipad. different colors? >> if you had told me a computer program would create a device to play songs, i probably would have told you you're crazy. sometimes there are people smarter than we are. >> but...
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Dec 6, 2012
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you've said that jobs in the u.s. are produced by capital investments and equipment in software, not those marginal tax rates. is that the argument? is that why you feel that those are so important in terms of changing the tax code? >> sure. i gave a speech today at the economic club. i put up a chart that shows the relationship of private investment and equipment in software. it looks like railroad tracks. residential investment and government infrastructure, which is way down from historical levels, and business structures investment, that's important, but the locomotive that pulls our economy is investment in equipment and software. whether it's for an oil cater in the basis or a high-tech start-up buying servers and routers and things of that nature. it's our reduced level of capital investment that's produced our low gdp growth rates and our high unemployment. and high tax rates at the corporate level worldwide are directly related to high unemployment levels. you've got to stimulate investment in the united stat
you've said that jobs in the u.s. are produced by capital investments and equipment in software, not those marginal tax rates. is that the argument? is that why you feel that those are so important in terms of changing the tax code? >> sure. i gave a speech today at the economic club. i put up a chart that shows the relationship of private investment and equipment in software. it looks like railroad tracks. residential investment and government infrastructure, which is way down from...
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Dec 7, 2012
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the u.s. dollar and the euro are about the same. basically, you want to watch the ten-year treasury interest rate. it's been going down this week. you always show that at the end of the week. gold has basically been very quiet. you're waiting for the dough here. you're looking for the market to give you a sense of where the economy is going. >> we're waiting for green lights. do you feel when all is said and done, no matter how much we talk about, you know, how the end of the world would arrive if we went over the fiscal cliff, people in the market basically his surely they can't be that done. they're assuming it's going to get done. >> i think the markets are saying -- it's balanced 50/50. my personal opinion is it's a higher chance it won't happen. just as bill clinton managed to pin the blame for the government shutdown on newt gingrich and put the republicans in retreat, in terms of card playing, president obama has some cards that he can basically lay this off and perhaps it will fall to the blame -- fall on the republicans. th
the u.s. dollar and the euro are about the same. basically, you want to watch the ten-year treasury interest rate. it's been going down this week. you always show that at the end of the week. gold has basically been very quiet. you're waiting for the dough here. you're looking for the market to give you a sense of where the economy is going. >> we're waiting for green lights. do you feel when all is said and done, no matter how much we talk about, you know, how the end of the world would...
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Dec 15, 2012
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. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.
. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully...
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Dec 28, 2012
12/12
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if the u.s. goes over the cliff, if confidence starts to rock around, if we have financial market turbulences, demand for safe havens should go up. we already see these small movements with very well volumes where there's a little bit of money flowing back into safe havens now. i would expect gold to have some role in this, as well. >> what's interesting is given that and given all the reasons why people have historically liked gold, you would have expected it to be a strong asset class in the second half of the year, maybe with some of these uncertainties around. but that wasn't the case. it really underperformed and that has caught so much attention because it suggests people, you know, what really are the drivers here? >> yeah, quite. so safe haven less so, but still what you're seeing is em central banks continue to add and essentially if you like catching up with some of the nations. iraq add to gold as well as the many other em central banks. we still own gold, so we're still looking for it
if the u.s. goes over the cliff, if confidence starts to rock around, if we have financial market turbulences, demand for safe havens should go up. we already see these small movements with very well volumes where there's a little bit of money flowing back into safe havens now. i would expect gold to have some role in this, as well. >> what's interesting is given that and given all the reasons why people have historically liked gold, you would have expected it to be a strong asset class...
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Dec 6, 2012
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u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for that deadly nerve gas have in fact now been loaded on to aerial bombs, but those bombs are still in the depots. they haven't been loaded on to airplanes yet, and president assad hasn't given the order. but they're pretty close, larry, and that's why earlier this week, of course, president obama issued a very strong statement aimed at president assad saying look, if you use these weapons against your people, there will be serious consequences, but that's where somewhat of the problem lies. >> listen, i want to ask you, one of the parts of the red line statement by president obama and secretary of state clinton, that if there was movement of any chemical weapons of mass destruction, movement -- now, as i listen to what you're saying, there
u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for that deadly nerve gas have in fact now been loaded on to aerial bombs, but those bombs are still in the depots. they haven't been loaded on to airplanes yet, and president assad hasn't given the order. but they're pretty close, larry, and...
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Dec 24, 2012
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in the new year, the u.s. will find more ways to utilize or export this cheaper, cleaner fossil fuel, and the increase in demand will set the stage for the continuation of rising prices. >> it's been a wild ride for oil this year. oil prices fluctuating because of a lot of stuff in the middle east, also america's growing energy independence. what can we expect from energy in 2013? joining us from london is jason from european oil and gas research at mccard securities. i'm going to ask you an overall question, jason, and i don't know how you answer this, but, for investors, that are looking at a way to play energy, i mean, is it going to be basically hydro carbon based? are we back to that where it's either natural gas or oil exploration or some facet of that? >> i certainly think so. i think that did we're looking for trends in 2013, you know, the potential re-emergence of higher natural gas prices could be there. we think it's going to take some time for that to happen. i think the trend in 2013 is going to b
in the new year, the u.s. will find more ways to utilize or export this cheaper, cleaner fossil fuel, and the increase in demand will set the stage for the continuation of rising prices. >> it's been a wild ride for oil this year. oil prices fluctuating because of a lot of stuff in the middle east, also america's growing energy independence. what can we expect from energy in 2013? joining us from london is jason from european oil and gas research at mccard securities. i'm going to ask you...
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Dec 26, 2012
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only can the u.s. government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux guarantees of fixing the original faux guarantees as the intrusion really did get worse. i take you back to september of 2008 when the gses were put in the conservatorship and then treasury secretary paulson said the following quote. i attribute the need for today's action, talking about conservatorship, primarily to the inherent conflict and flawed business model embedded in the gse government sponsored enterprise structure and to the ongoing housing correction. well, first of all, how many experts have we had on lately that have said housing is doing much better. today's kate shiler seems to
only can the u.s. government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux...
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Dec 13, 2012
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that's about $67,000 a year and $25,000 more than the average u.s. salary. well, tech companies pay well because they want to recruit top engineering and math talent. the corporate taxes may be part of the fiscal cliff talks. here is dan mitchell, senior fellow at the cato institute. google stashed $10 million in bermuda, hp has almost all of its cash offshore and apple said to shareholders, two-thirds of its $121 billion of cash is held outside the united states. now why is that? is it just because they hate america? >> two things to understand. number one, everything they do is completely legal. it's foreign source income that is being taxed in the countries where it's being earned. but, number, two, the u.s. has the highest corporate tax rate in the developed world. these companies if they bring that money back to the united states will be double taxed on top of what they paid oversea, yes, with some credit so maybe it doesn't get too much above 35% but we are shooting ourselves in the foot with very bad corporate tax policy. >> will president obama claha
that's about $67,000 a year and $25,000 more than the average u.s. salary. well, tech companies pay well because they want to recruit top engineering and math talent. the corporate taxes may be part of the fiscal cliff talks. here is dan mitchell, senior fellow at the cato institute. google stashed $10 million in bermuda, hp has almost all of its cash offshore and apple said to shareholders, two-thirds of its $121 billion of cash is held outside the united states. now why is that? is it just...
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Dec 27, 2012
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>> light in the u.s. unless the politicians actually start working, some are going to show up today and they do something. then they are going to start talking, trying to put out headlines, try to outdo each other, talk to guys like carl, gals like you and try to say, hey, look at me, i'm fixing everything, then you will see markets move a little bit. >> in terms of the volatileity, we have seen volatility remain extremely low. granted, we are in a holiday-short and week, therefore it is artificially depressed, higher than we are seeing it now, at 19 and change or so. what do you account for the complacency in the market, remained in the market most of the month of december, as we are nearing the deadline? >> you have two competing things, guys who made money and don't want to risk it and guys that missed the move and are frustrated they are not going to get n the retail investor is not really participating, a lot of the funds respect playing right now either, they will wait until next week. >> i know a l
>> light in the u.s. unless the politicians actually start working, some are going to show up today and they do something. then they are going to start talking, trying to put out headlines, try to outdo each other, talk to guys like carl, gals like you and try to say, hey, look at me, i'm fixing everything, then you will see markets move a little bit. >> in terms of the volatileity, we have seen volatility remain extremely low. granted, we are in a holiday-short and week, therefore...
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Dec 14, 2012
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let's get over to bertha coombs for a market flash this time on u.s. steel. >> u.s. steel materials today the best performer, the best performer this week and u.s. steel is the best gainer today in the s&p materials sector. the stock has had a phenomenal week on real big volume. fitch out with a note last night saying that they think steel makers should see some modest margin improvement but that is not a modest move when it comes to stock today, carl. >> no. and one of the best ticker symbols out there. thanks so much. he's been on the run from officials in belize but this morning he ended up on "squawk box." former tech titan john mcafee has been caught up in a murder investigation but his explaination of the situation keeps getting a little stranger. robert frank has been following the story this morning. killer interview this morning on "squawk." >> thanks so much. well, he did make a lot of news on our air this morning. he started with his insistence that he did not kill his neighbor in belize. >> let me be clear i had nothing to do with the murder of gregory fa
let's get over to bertha coombs for a market flash this time on u.s. steel. >> u.s. steel materials today the best performer, the best performer this week and u.s. steel is the best gainer today in the s&p materials sector. the stock has had a phenomenal week on real big volume. fitch out with a note last night saying that they think steel makers should see some modest margin improvement but that is not a modest move when it comes to stock today, carl. >> no. and one of the best...
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Dec 27, 2012
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. >> u.s. equity futures at this hour -- whoa. hold it. >> what are you looking at? u.s. equity futures. >> it's okay on. didn't we already do this? >> i don't care. i really don't. the new prompter is giving you fits. and yesterday, it ended with a -- did you see that one yesterday? a word ended with a n and the next one i introduced the like like t. boone pickens or something like that. >> we have a new teleprompter and it adds words. >> that's special. >> and people that, you know, that's where we get all of our info, right out of that baby there. anyway, futures are up 14 points. 13114 is where we are right now. i don't know. fiscal cliff is three days away and we're still above 13,000. that's what we're talking about. you would think if the growth was going to flow based on us going over the cliff, you would think oil would start to weaken. we haven't seen that much in that respect, either. as far as the ten year, stable at 98 of 6719. finally, gold -- i don't know. bernanke is on full 85 billion a month mode and it's below 1 hup. >> i don't understand that much. do
. >> u.s. equity futures at this hour -- whoa. hold it. >> what are you looking at? u.s. equity futures. >> it's okay on. didn't we already do this? >> i don't care. i really don't. the new prompter is giving you fits. and yesterday, it ended with a -- did you see that one yesterday? a word ended with a n and the next one i introduced the like like t. boone pickens or something like that. >> we have a new teleprompter and it adds words. >> that's special....
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Dec 20, 2012
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both offered ran up against scrutiny for u.s. and eu regulators. >>> the u.s. patent office says a patent that helped apple win a $1 billion in damages against samsung is invalid. 9/it distinguishes between single and multi touch gestures on the ipad. apple is likely to appeal the patent ruling. apple shares are adding aboabou about .2% in frankfurt trade. samsung down .8% on korean trade today. >>> google has struck a deal to sell motorola cable top business to a eer is. google has been more focused on revamping the company's struggling mobile unit. take a look at google trade. >>> bernie madoff's younger brother will be sentenced today for his role in the multibillion dollar ponzi scheme. peter was a chief compliance officer at the firm. he pleaded guilty in june to several charges, including security fraud and falsifying records. he faces up to a year in prison. although letters from dozens of friends and family members and business acquaintances were filed earlier this week asking the judge for leniency. >>> european markets are mixed. adding about 10% desp
both offered ran up against scrutiny for u.s. and eu regulators. >>> the u.s. patent office says a patent that helped apple win a $1 billion in damages against samsung is invalid. 9/it distinguishes between single and multi touch gestures on the ipad. apple is likely to appeal the patent ruling. apple shares are adding aboabou about .2% in frankfurt trade. samsung down .8% on korean trade today. >>> google has struck a deal to sell motorola cable top business to a eer is....
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Dec 7, 2012
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there's new data out about the positive impact of natural gas on the u.s. economy and employment. could exporting this domestic power be our ticket to a bright future? and how could you hop aboard the trend? tonight, cramer drills down on the issue with dominion resources ceo. >>> and later, agita over apple. while the most coveted gifts are on everyone's wish list, worries weigh on investors. should you step in now or is the worst still to come? don't miss cramer's take. >>> plus -- welcome home? you've seen the headlines. the housing market appears to be roaring back to life. but if you think you've already missed the move, think again. tonight, cramer's sitting down with the founder of lumber liquidators to find out if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. n you. ...at t
there's new data out about the positive impact of natural gas on the u.s. economy and employment. could exporting this domestic power be our ticket to a bright future? and how could you hop aboard the trend? tonight, cramer drills down on the issue with dominion resources ceo. >>> and later, agita over apple. while the most coveted gifts are on everyone's wish list, worries weigh on investors. should you step in now or is the worst still to come? don't miss cramer's take. >>>...
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Dec 4, 2012
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there are reports tonight that the u.s. and allied intelligence have detected syrian movement of chemical weapons components the use of which is a red line for the united states. take a listen to president obama this afternoon. >> i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> all right. talk about this here now is syndicated radio talk show host my great pal john. john, the president said there will be serious consequences. does that mean we'll go to war? >> we are at war. this is a civil war in syria and the u.s. is sponsoring the coalition that means to regime change in damascus. that's the coalition of cairo, morrissey ankora. we're at war. >> the question is coming back to the president's statement i thought, john, we detected movement whether it's parts or trucks or whatever, if we de
there are reports tonight that the u.s. and allied intelligence have detected syrian movement of chemical weapons components the use of which is a red line for the united states. take a listen to president obama this afternoon. >> i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will...
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Dec 17, 2012
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that compares to the three-day rate in the u.s. markets. verizon, at&t, as well as sprint of only 1% penetration. we saw a deeper penetration with china than the u.s. we think demand is very solid. >> all right. at the same time, brian, that doesn't move you to move any of your eps targets or anything like that. it can have a very deep penetration in the china market. there's no china mobile, but it doesn't move the needle at the end of the day. >> typically apple's been 15% to 20% -- or china has been 15% to 20% for apple's revenues. shipping in about 4.5 million iphones into that country. we think that's pretty phenomenal and think it's only going to get better when china mobile ram ups up the iphone 5. while we didn't raise our numbers today, we're still forecasting pretty solid growth, 48 million for the december quarter. we think fundamentals are not the issue here on apple. >> let's get to some of the arguments that were laid out by your cohorts over at citi. one of them is good, but not great demand for the iphone 5. specifically the
that compares to the three-day rate in the u.s. markets. verizon, at&t, as well as sprint of only 1% penetration. we saw a deeper penetration with china than the u.s. we think demand is very solid. >> all right. at the same time, brian, that doesn't move you to move any of your eps targets or anything like that. it can have a very deep penetration in the china market. there's no china mobile, but it doesn't move the needle at the end of the day. >> typically apple's been 15% to...
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Dec 3, 2012
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jpmorgan chief u.s. economist, michael feroli. futures up 60. back in a minute. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. ♪ >> seven minutes until the bell. let's get cramer's mad dash on this monday morning. first trading day of december. jim, people are watching apple because the 50% retracement of the correction is at 605. so we
jpmorgan chief u.s. economist, michael feroli. futures up 60. back in a minute. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more...
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Dec 3, 2012
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and while the u.s. faces a fiscal cliff, which hopefully we can avoid, europe faces a financial cliff because the u.s. has restructured its financial institutions and europe has not. what about the practical implications of that fact? >> well, i think -- i mean, that is a big ongoing dilemma, but i think the thing that people are understandably relieved about, and here is a super mario moment, this spiral between sovereigns and the house of banks appears famous last words, but being broken a bit in europe. and that is definitely a -- so the absolute worst appears to have been taken out of the oh kwagz. but, you happen, obviously europe is years behind the u.s. in terms of reforming its private sector financial system and those continue to be an issue going forward. but i quickly have linked to what i said before. i know investors are looking at investing in european financials and haven't dreamt of that for years. that's a mood that has grown in the past couple of weeks. >> it's steve mcmahon. would you
and while the u.s. faces a fiscal cliff, which hopefully we can avoid, europe faces a financial cliff because the u.s. has restructured its financial institutions and europe has not. what about the practical implications of that fact? >> well, i think -- i mean, that is a big ongoing dilemma, but i think the thing that people are understandably relieved about, and here is a super mario moment, this spiral between sovereigns and the house of banks appears famous last words, but being...
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Dec 11, 2012
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so this money guaranteed by the u.s. is going to see the wealthy plow their money in these institutions, guaranteed. and who guarantees it? all the other people that aren't necessarily wealthy. so, once again, the faux rich get thrown into the ditch. because the way i see it, whether it's the super wealthy on many levels, and i hope everybody becomes super wealthy. once again being confused with the upper middle class. these issues never go away. here's what i worry. all these big bailouts, we talked about aig today. yeah, it worked out. at what expense? what did we give away? what moral hazards did we create? let's not create another one. if the super wealthy want guarantees, let's not give it to them. let's put it to work the way capital ought to be and create new enterprise. >>> markets going to watching the speaker of the house. john boehner is going to speak from the floor of the house. not a brepresser. with an update on fiscal cliff go negotiations. that's coming at noon right after the gavel. in the meantime, you
so this money guaranteed by the u.s. is going to see the wealthy plow their money in these institutions, guaranteed. and who guarantees it? all the other people that aren't necessarily wealthy. so, once again, the faux rich get thrown into the ditch. because the way i see it, whether it's the super wealthy on many levels, and i hope everybody becomes super wealthy. once again being confused with the upper middle class. these issues never go away. here's what i worry. all these big bailouts, we...
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Dec 21, 2012
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china not as bad as we though, u.s. very strong. so nike, if it goes back to 97, it means we're going to have a real bad couple of days in my view. look at red hat. red hat is a technology company that is deeply involved in the cloud. they, too, had a better than expected number, as did oracle in the cloud. so these are my two tales for the trading today, david. if you pick the best of the best and they go down, you'll really have a couple of -- >> when it comes to the so-called cloud play and the use of it in the competition here, is that one of the key names? >> yes, it allows you to manage cloud in a cheap -- an anti-microsoft business. their partner is sales force.com. i'm really using these as tells. in other words, these are the ones where there's natural buyers. as we just found out how good things are. it wasn't like we found out a month ago. we just found out last night. if they have resilience, the market is going to be more resilient than people think. if they give up the ghost, i think next week's going to be difficult,
china not as bad as we though, u.s. very strong. so nike, if it goes back to 97, it means we're going to have a real bad couple of days in my view. look at red hat. red hat is a technology company that is deeply involved in the cloud. they, too, had a better than expected number, as did oracle in the cloud. so these are my two tales for the trading today, david. if you pick the best of the best and they go down, you'll really have a couple of -- >> when it comes to the so-called cloud...
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the u.s. lost its aaa crediting rating. i've warned you over and over about the economic storm headed our way partly because of europe and this fiscal lif, but i've also told you about an american economic renaissance that could be just ahead. just beyond the storm clouds. the fiscal cliff is fixable, but every day washington fails to make a deal, more damage is being doing. john king, ken rogoff and diane swan, chief economist at mezaro financial. john, right now, this is more politics than the economy. some people are saying don't sweat it. the threat of going over the fiscal cliff is overblown. it will get done. an 11th hour deal. john, as you read the politics at play, what do you see? >> i see both sides digging in. you've just played the president saying i want that rate hike. the republicans are saying mr. president, we'll give you the revenues, but not through a rate hike, but the president believes he won the election and he's upped the ante. says he wants twice as much in tax revenue
the u.s. lost its aaa crediting rating. i've warned you over and over about the economic storm headed our way partly because of europe and this fiscal lif, but i've also told you about an american economic renaissance that could be just ahead. just beyond the storm clouds. the fiscal cliff is fixable, but every day washington fails to make a deal, more damage is being doing. john king, ken rogoff and diane swan, chief economist at mezaro financial. john, right now, this is more politics than...
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Dec 17, 2012
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aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ you'll also care about our new offer. you get access to nurses who can help with your questions. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and rarely death have been reported in patients who wore more than one patch at a time. the most common side effects of exelon patch are nausea, vomiting, and diarrhea. the likelihood and severity of these side effects may increase as the dose increases. patients may experience loss of appetite or weight. patients who weigh less than 110 pounds may experience more side effects. people at risk for stomach ulcers who take certain other medicines should talk to their doctor because serious stomach problems such as bleeding may worsen. patients may experience slow heart rate. thirty da
aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ you'll also care about our new offer. you get access to nurses who can help with your questions. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses....
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Dec 18, 2012
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from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. >>> welcome back. you're watching "starting point." special edition from newtown, connecticut. the tragedy here on friday has truly changed the conversation on gun control in this country. president obama met with members of his cabinet yesterday. ordering ideas that would include a ban on assault weapons. and there is word of a major move overnight by dick's sporting goods. 451 stores across 42 states. out of respect to the victims it has pulled its guns from the store close toast nst to newtow suspended the sale of ar-15sand guns like it across the entire chain. >>> in this morning, children in newtown will head back to school for the first time since friday's shooting. sandy hook elementary will remain closed, it's an active crime scene. jessica rekos will be laid to rest today. 6 years old. couldn't wait for her 10th birthday, because her parents said they would buy a horse for her. dan malloy calling for a
from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. >>> welcome back. you're watching "starting point." special edition from newtown, connecticut. the tragedy here on friday has truly changed the conversation on gun control in this country. president obama met with members of his cabinet yesterday. ordering ideas that would include a ban on assault weapons. and there is word of a major move overnight by dick's sporting...
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Dec 18, 2012
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toyota is in trouble again with u.s. authorities after failing to report a safety defect in the 2010 lexus 350. the japanese automaker agreed to pay a record $17.4 million fine for not coming clean on the defect with a floor mat. now, it is the largest fine alo allowed for single investigation. the mat allegedly trapped the gas pedal down, causing unwanted acceleration. toyota finally initiated a recall in june. that wasn't soon enough for authorities. next month, instagram will start selling photos that members post on the site for use in ads. the photo sharing site says it is changing its terms of service on january 17th, allowing it to give content to third parties. for example, instagram could let a major retail chain buy photos of people shopping in their stores, to run in an ad. the move comes months after facebook took over instagram. it is often questioned on privacy issues. the fallout from the mass shooting at a connecticut elementary school targets the gun industry. pressure is mounting in washington to tighte
toyota is in trouble again with u.s. authorities after failing to report a safety defect in the 2010 lexus 350. the japanese automaker agreed to pay a record $17.4 million fine for not coming clean on the defect with a floor mat. now, it is the largest fine alo allowed for single investigation. the mat allegedly trapped the gas pedal down, causing unwanted acceleration. toyota finally initiated a recall in june. that wasn't soon enough for authorities. next month, instagram will start selling...
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Dec 18, 2012
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. >>> u.s. stock futures are up this morning. markets ended sharply higher yesterday on all optimism that a fiscal cliff deal could come by the end of the year. christine romans is here right now minding our business this morning. she's looking at some of the fallout in the gun industry in the wake of these connecticut school shootings. >> interesting story breaking this morning. cerberus capital management, a private equity firm, making direct investments in companies, investors do, you have teachers, pension funds invest in private equity. listen carefully. cerberus owns freedom group. which owns bushmaster, the company that made the assault rifle that police say was used to kill all of those children and six teachers. this morning, cerberus capital management is saying it will hire someone to try to sell its freedom group company, to sell bushmaster, to sell the company that made that rifle. this is what they say basically. it is apparent that the sandy hook tragedy was a watershed event that has raised the national debate on
. >>> u.s. stock futures are up this morning. markets ended sharply higher yesterday on all optimism that a fiscal cliff deal could come by the end of the year. christine romans is here right now minding our business this morning. she's looking at some of the fallout in the gun industry in the wake of these connecticut school shootings. >> interesting story breaking this morning. cerberus capital management, a private equity firm, making direct investments in companies, investors...
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Dec 10, 2012
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the u.s. forces in afghanistan are saying this is a taliban operation, while some of our afghan sources, some local leaders are saying these were smugglers. either way, this doctor, dr. joseph was working with afghan counterparts. he works for a nonprofit charity organization. they were out last wednesday visiting a rural clinics, and they were on their way back to headquarters in kabul when armed men basically stopped their vehicle and ordered them out and kidnapped them. after the charity was going back and forth, contacting some of the kidnappers, eventually the two afghan men were released. u.s. forces got word from the ground and from surveillance that dr. joseph was in eminent danger, and that's when they made the call to send in the s.e.a.l. team 6 to try to get him out. they did. he is safe. he's being debriefed. he'll probably be back home in the next couple days, but unfortunately petty officer check who was part of the team was killed. >> i know the doctor's family is speaking out o
the u.s. forces in afghanistan are saying this is a taliban operation, while some of our afghan sources, some local leaders are saying these were smugglers. either way, this doctor, dr. joseph was working with afghan counterparts. he works for a nonprofit charity organization. they were out last wednesday visiting a rural clinics, and they were on their way back to headquarters in kabul when armed men basically stopped their vehicle and ordered them out and kidnapped them. after the charity was...
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the u.s. aimed high in the 1960s, we sent a man to the moon w the same effort, we can now cure cancer, that's what the head of the largest cancer center in the word, m.d. anderson says. >>> and america has lost it's number one standing in lotts of areas, from competitiveness to education, the new number one in most cases a scandinavian country, what is the credit sauce? we'll dig into it. but first here's my take. as we debate whether the two parties can ever come together and get things done, here is something president obama could do probably by himself that would be a single accomplishment of his presidency, end the war on terror. for the first time since 9/11, an administration official has raised this prospect. said in a speech to the oxford union last week, that as the battle against al qaeda continues, there will be come a tipping point as so many of the leaders and operatives of al qaeda have killed or captures such as al qaeda as we know it has been effectively destroyed. our efforts
the u.s. aimed high in the 1960s, we sent a man to the moon w the same effort, we can now cure cancer, that's what the head of the largest cancer center in the word, m.d. anderson says. >>> and america has lost it's number one standing in lotts of areas, from competitiveness to education, the new number one in most cases a scandinavian country, what is the credit sauce? we'll dig into it. but first here's my take. as we debate whether the two parties can ever come together and get...
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i am now going to spend my time as connecticut's newest u.s. senator leading the fight to combat gun violence. i'm going to be standing with dianne feinstein and with joe manchin and with mark warner to pass an assault weapons ban. i'm going to be leading a conversation about how we combat the rising culture of violence in this country. you know, my tenure as a united states senator from connecticut changed on friday and i'm going to answer that call. right now, i'm spending most of my time with my constituents in newtown, grieving. but i am going to be a leader to make sure that the memories of those 26 people do not go on in vain. that they have a senator and that they have people in washington who are going to make sure that we do everything within our power to make sure that this doesn't befall any other community, anywhere else in this country. >> you know, there have been a few republican governors, bob mcdonnell of virginia, for example, congressman, who floated the idea that school officials, perhaps, should be armed. and not just polic
i am now going to spend my time as connecticut's newest u.s. senator leading the fight to combat gun violence. i'm going to be standing with dianne feinstein and with joe manchin and with mark warner to pass an assault weapons ban. i'm going to be leading a conversation about how we combat the rising culture of violence in this country. you know, my tenure as a united states senator from connecticut changed on friday and i'm going to answer that call. right now, i'm spending most of my time...
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u.s. senate and helped and also hurt a number of republican candidates. who were they? >> reporter: that's right. great. let's start with the senators now. obviously, who he helped elect. this is the positive side of his millions and his work. marco rubio, pat toomey. very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican establishment and the establishment was right. for example, remember christine o'donnell, i'm not a witch, from delaware. ken buck of colorado. and others. so those are some of the reasons why he definitely has ruffled many a-feather with the party leaders and i have to tell you first thing i saw when the senate republican leader mitch mcconnell released a statement today was making the point that demint had, quote, uncompromising service. didn't have to read between the lines too much to see there's a backhan
u.s. senate and helped and also hurt a number of republican candidates. who were they? >> reporter: that's right. great. let's start with the senators now. obviously, who he helped elect. this is the positive side of his millions and his work. marco rubio, pat toomey. very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican...
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u.s. geological survey, a magnitude 7.3 magnitude earthquake strug off the coast of japan. a tsunami warning has been issued. i know it was felt very strongly there, alex. what can you tell us? >> well, atika, you mentioned some of the details. we were sitting in the office here in our bureau in tokyo, up on the ninth floor of this building. it's hard to describe, you can't really describe the feeling until you're into it. the one thing that grips me, i'm relatively new to living here in japan is the noise more than everything. everything basically shaking violently, our filing cabinets shaking. here's what i can tell you. you mentioned the 7.3 earthquake. a few other details just coming in. there are advisories -- pardon me, i'm looking off my notes. there are advisories for japan, but the pacific tsunami warning center has not issued a further alert beyond that. right now they're keeping it just to japan. we are hearing reports of possibly as much as a two-meter high tsunami warning in m
u.s. geological survey, a magnitude 7.3 magnitude earthquake strug off the coast of japan. a tsunami warning has been issued. i know it was felt very strongly there, alex. what can you tell us? >> well, atika, you mentioned some of the details. we were sitting in the office here in our bureau in tokyo, up on the ninth floor of this building. it's hard to describe, you can't really describe the feeling until you're into it. the one thing that grips me, i'm relatively new to living here in...
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>> no, it doesn't affect u.s. law, but i think that there weren't -- evidently they didn't feel it gave them the sort of guarantees they were looking for. in fact, when it passed the foreign relations committee on the 13-6 vote, a number of these concerns were actually incorporated. >> this was a treaty about people with disabilities overseas? >> this is about bringing the rest of the world up to the u.s. standards, okay? so it does impact americans who travel overseas, who go work overseas. somebody with a disability who wants to stay in a hotel in a foreign country or go to work in a foreign country or hail a taxi in a foreign country. not to mention the fact that it also impacts 650 million people around the world. children with disabilities around the world who unlike the united states doon not have accs to a public school education. it affords them huge rights. for the united states to not been in the vanguard. we've been in the forefront of disability rights, and disability rights has always been a bipartisa
>> no, it doesn't affect u.s. law, but i think that there weren't -- evidently they didn't feel it gave them the sort of guarantees they were looking for. in fact, when it passed the foreign relations committee on the 13-6 vote, a number of these concerns were actually incorporated. >> this was a treaty about people with disabilities overseas? >> this is about bringing the rest of the world up to the u.s. standards, okay? so it does impact americans who travel overseas, who go...
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Dec 18, 2012
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the u.s. and other countries believe the satellite launch was the test of a ballistic missile. >>> if you're praying for lower gas price this is holiday season you may get your answer. according to aaa, gas prices have been falling every day for four weeks. the price is three cents away from the lowest mark in two years. right now prices average $3.24 a gallon. >>> gun control, it just may be the right time. democratic lawmakers who are strongly pro gun rights have signaled they're willing to deal and senator dianne feinstein is ready with legislation. >> there's no second amendment right to bear every type of weapon that you know of. these are a certain class of weapons. they are designed to kill large numbers of people in close comb combat. i don't believe the second amendment covers them. >> advocates like new york mayor michael bloomberg are hopeful,' long with victims of gun violence created a website that features personal testimonials of how violence has affected their lives. still no p
the u.s. and other countries believe the satellite launch was the test of a ballistic missile. >>> if you're praying for lower gas price this is holiday season you may get your answer. according to aaa, gas prices have been falling every day for four weeks. the price is three cents away from the lowest mark in two years. right now prices average $3.24 a gallon. >>> gun control, it just may be the right time. democratic lawmakers who are strongly pro gun rights have signaled...
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it's a proxy war some say between the u.s. and iran. if assad goes, there are still 75 chemical weapon sites around this country and others who wouldn't have the moral hesitancy assad may have about using them. >> regardless of what happens to al assad, we had this threat, this problem, not only to us, but to our allies in the region. turkey, jordan, israel, all worry if assad falls, there must be a plan to secure these chemical weapon sites, but we should tell our viewers that u.s. militaries understood this problem and have been planning and work wg allies over the region over the course of the last 12 months. they have been planning for it. >> thank you very much. both of you. "outfront" next, a 20-year veteran of the navy accused tonight of being a spy. why officials think he was leaking crucial secrets to the russians and as two states prepare to -- sir richard bransens tells us why the war on drugs has been an utter failure. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver p
it's a proxy war some say between the u.s. and iran. if assad goes, there are still 75 chemical weapon sites around this country and others who wouldn't have the moral hesitancy assad may have about using them. >> regardless of what happens to al assad, we had this threat, this problem, not only to us, but to our allies in the region. turkey, jordan, israel, all worry if assad falls, there must be a plan to secure these chemical weapon sites, but we should tell our viewers that u.s....
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on tuesday, the senate rejected a u.s. treaty aimed at protecting the rights of disabled people around the world. it is modeled on the americans for disability act. 125 other countries ratified it but in the full senate 38 republicans voted no leaving it 5 votes short of ratification. what we learned today is that some of the very same senators actually supported the treaty before they voted against it. some even pledged their support publicly. senator roy blunt of missouri was a flip flopper and kay bailey hutchison and jerry moran of kansas. they all declined to come on the program. they're silent. senator moran was a cosponsor of the measure to ratify the treaty and put a press release back in may proclaiming support for the treaty. i want to show you something else. here's senator moran with former senator bob dole in june. dole, a war veteran, a listening time supporter of disability rights and advocate of this treaty. just before tuesday's vote, he came to the senate chamber, 89, frail in the wheelchair and thought i
on tuesday, the senate rejected a u.s. treaty aimed at protecting the rights of disabled people around the world. it is modeled on the americans for disability act. 125 other countries ratified it but in the full senate 38 republicans voted no leaving it 5 votes short of ratification. what we learned today is that some of the very same senators actually supported the treaty before they voted against it. some even pledged their support publicly. senator roy blunt of missouri was a flip flopper...
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if u.s. military is going to act to prevent assad from gassing his own people, it would seem, if they loaded this stuff into weapons, the time to do it would be at hand. >> well, right now i can tell you, anderson, if this turns out to be true, even if not, the u.s. military, the cia in a full-blown effort to collect every piece of intelligence they can about what is going on with the chemical weapons and develop a targeting strategy if it were to come to that. so, what are we talking about here, anderson? they have to put together targeting options for the president. that involves the latest intelligence. where are the chemical weapons in syria? what would you do to attack them? what kind of u.s. bomber aircraft would you use? do you know precisely where they are? how will you get that bomber aircraft past syrian air defenses? and i think it's safe to assume the neighboring countries, israel, turkey, jordan, their intelligence services also working this problem around the clock. there is a l
if u.s. military is going to act to prevent assad from gassing his own people, it would seem, if they loaded this stuff into weapons, the time to do it would be at hand. >> well, right now i can tell you, anderson, if this turns out to be true, even if not, the u.s. military, the cia in a full-blown effort to collect every piece of intelligence they can about what is going on with the chemical weapons and develop a targeting strategy if it were to come to that. so, what are we talking...
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it's very serious because u.s. navy officials often tell us where surface ships and carriers are located around the world at any particular moment. they almost never discuss where the subs are. that is classified information. now, the indictment says that hoffman thought he was giving this to a russian intelligence agent. actually what he was doing is handing it over to an fbi agent working an undercover sting. these are very serious charges. he could face life in prison. >> when you think about what other information he may have had access to, how long this could have been happening or whether it happened before, what's his background and what sort of information, security clearance might evidence. >> pretty high. you mentioned he'd been in for 20 years. he was a petty officer first cla class. his rating was a chiropractcryp. he was a naval submarine warfare specialist, so he had a high security clearance, access to a lot of information. but the interesting thing is over that 20-year career he had six good conduct
it's very serious because u.s. navy officials often tell us where surface ships and carriers are located around the world at any particular moment. they almost never discuss where the subs are. that is classified information. now, the indictment says that hoffman thought he was giving this to a russian intelligence agent. actually what he was doing is handing it over to an fbi agent working an undercover sting. these are very serious charges. he could face life in prison. >> when you...
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12/12
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u.s. and russian officials met in geneva today with the u.n. peace envoy. reports say after 21 months of relentless bloodshed, they agreed it was still possible to find a political solution to the crisis. but russian foreign minister sergei lavrov insisted the meeting did not mean moscow's support for syrian president bashar al assad is weakening. fierce fighting threatening to engulf the city of damascus. >>> as that battle for the capital intensifies, the stakes are getting higher in syria, and the regime is getting even more desperate. the pentagon believes government troops have loaded bombs with sarin gas in what may be the last-ditch attempt for president assad to hold onto power. but as barbara starr reports now, a u.s. military strike on syria is not without risk. >> reporter: with the u.s. now believing the syrian government has chemical-filled bombs, cnn has learned the pentagon is secretly updating military strike options for president obama in the event he orders action. a seni
u.s. and russian officials met in geneva today with the u.n. peace envoy. reports say after 21 months of relentless bloodshed, they agreed it was still possible to find a political solution to the crisis. but russian foreign minister sergei lavrov insisted the meeting did not mean moscow's support for syrian president bashar al assad is weakening. fierce fighting threatening to engulf the city of damascus. >>> as that battle for the capital intensifies, the stakes are getting higher in...